Grab vs. Uber: The Ultimate Ride-Hailing Showdown! (One is a Strong Buy)

追加: 2026-05-26

[00:00:00]So, Grab Holdings Limited operates the Grab super app in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The company offers delivery services on its platform, such as GrabFood, a food ordering and delivery booking service, Dine Out, the table reservations, GrabMart, a goods ordering and delivery booking service, GrabAds, and so forth.

[00:00:25]So, these guys are a lot like Uber. Uber did make a deal with them cuz they didn't want to compete against Grab in Asia, so they basically gave them their business, and they took a stake in Grab. So, that's what's going on there.

[00:00:42]And you heard Zoom has a minority stake in Anthropic. That is interesting.

[00:00:47]I'm going to make a note of that. That was smart on Zoom's part, by the way.

[00:00:51]Cuz um Zoom is not really doing much.

[00:00:55]So, thanks for the tip there, Dre.

[00:00:58]Okay, so Grab for the 1-year, not doing all that great. This is a small cap.

[00:01:04]It's in Asia. 5-year doesn't look good.

[00:01:06]1-year doesn't look good. 6 months, I mean, I'm I'm not seeing I'm not seeing something that's uh getting me all that riled up, but the growth looks good.

[00:01:16]20% growth. Their revenue number, this is in US dollars, $3.3 billion of revenue. They're doing 20% growth on that number.

[00:01:25]And we go to gross margins. Gross margins are pretty decent. Look at that.

[00:01:27]And they're profitable. Very good.

[00:01:30]Their cash flow's been a little spotty.

[00:01:32]It was negative, negative, and then they had a little bit positive, real positive in 2024, but now it's flat in 2025.

[00:01:40]So, that is um they took a step back on free cash flow.

[00:01:45]And that'll be a a difficult stock to value because what do we use for free cash flow, right? What do you What are you expecting when your company doesn't consistently show you a pattern, a trend? You're kind of left to make your best estimate. And here, man, I don't I don't know which way to go here.

[00:02:02]Um I know that fuel prices are going to affect Grab big time because per barrel of oil, right?

[00:02:09]So, all the the uh the people that are giving out rides and delivering food, they're going to have to pay for that energy.

[00:02:17]So, that'll be interesting.

[00:02:20]All right, looking at the forecast, we've got four analysts covering Grab.

[00:02:23]They think it's highly discounted. They like the company cuz it's growing. That top-line growth looks pretty attractive and their profitability is going to expand.

[00:02:32]Bringing down their PE ratio. So, that growth looks really good.

[00:02:36]Now, I'm curious to see where Uber's at because Uber is also growing. Uber is gigantic compared to Grab. So, we're going to take a quick look at Uber and see where they're at. Now, they're gigantic, right? They're like 20 times bigger than Grab and they're growing at a very good clip. This is why I own Uber. I like that growth. I like that growth a lot. I like how their profits are expanding as well.

[00:02:58]So, Grab's growth, this is why I don't own the stock, is that they're tiny and they're growing at a good rate, but I got kind of like the gold standard in the space, which is Uber. I'd rather buy that one and hold it. This one here is looking like it has potential, but it doesn't make a a lot of money.

[00:03:15]The forward PE is dropping. So, if we get to a couple years from now, it'll be in the teens and then it'll drop further if they keep expanding their profits.

[00:03:24]So, let's see if I've got a valuation on Grab. Again, between Grab and Uber, I'd rather own Uber. I think it's a better uh situation. I think Uber's a leader.

[00:03:37]But, uh if you know the Grab business like I'm in the US, right? So, I can't tell you, oh, they're a good service or a bad service.

[00:03:43]Uh people love them, hate them in Asia.

[00:03:46]And I'm looking at the stock and if I look at their numbers, it's the stock's priced 6% too high cuz they don't generate a lot of cash, right? They haven't gotten to that point where they're generating a lot of cash and even their profits aren't that great. So, for me, Grab is a pass. I'd rather buy Uber and Uber has not been going up, you know, without without any positive. They've actually had some pretty good sell-offs and Uber you can find at a really good price.

[00:04:12]So, that's my that's my feeling on Grab.

[00:04:15]I think it's an interesting business, but again, I like the Uber business. I think Uber is going to continue to expand and um partner with I know the robo-taxi story is a big one that hey, what's going to happen with robo-taxi and is it going to impact Uber?

[00:04:30]I think a robo-taxi is going to be a service, but I think that Uber can partner with the robo-taxi companies and then have that as just one more revenue stream.